NOT LISTED FOR SALE

7416 W Archer Ave Summit, IL 60501

6 Beds
4 Baths
-- Sq Ft
-- Built

Last Sold March 27, 2015

Last sale price $135,000

174 Days on Market

About This Home

As of March 2015

VERY GOOD CONDITION BRICK 4 UNIT BUILDING IN SUMMIT. BUILDING HAS BEEN UPDATED. TENANTS PAY THEIR OWN UTILITIES. 6 PARKING SPACES. COME AND SEE THIS MONEY MAKER AND MAKE AN OFFER. NEWER ROOF, YOU DON'T HAVE TO DO ANYTHING IN THIS BUILDING, E.M MUST BE CERTIFIED. 24 HRS NOTICE NEW WINDOWS INSTD. 2009 ... GOOD CONDITIONS BUT NO FHA LOANS...CONVENTIONAL ONLY..

Last Agent to Sell the Property

Maria Castillo

RE/MAX Mi Casa License #471000184 Listed on: 07/15/2014

RE/MAX Mi Casa

Last Buyer's Agent

Adriana De La Torre

RE/MAX Mi Casa License #475162824

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,092

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Utilities

  • Heating Available
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 35x125

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,092

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 35X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 5092
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2015 03/27/15 Sold $135,000 0.0% --
01/05/2015 01/05/15 Pending -- -- --
12/12/2014 12/12/14 Off Market $135,000 -- --
10/22/2014 10/22/14 Price Changed $145,000 -2.7% --
10/21/2014 10/21/14 For Sale $149,000 0.0% --
10/01/2014 10/01/14 Pending -- -- --
08/19/2014 08/19/14 Price Changed $149,000 -3.2% --
07/24/2014 07/24/14 Price Changed $154,000 -3.1% --
07/15/2014 07/15/14 For Sale $159,000 +59.0% --
06/14/2013 06/14/13 Sold $100,000 -13.0% -- View Prior Sale
05/18/2013 05/18/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $114,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,197 $26,711 $4,350 $22,361
2024 $8,197 $26,711 $4,350 $22,361
2023 $6,945 $26,711 $4,350 $22,361
2022 $6,945 $19,516 $3,750 $15,766
2021 $6,796 $19,516 $3,750 $15,766
2020 $7,056 $19,516 $3,750 $15,766
2019 $8,165 $21,189 $3,450 $17,739
2018 $7,893 $21,189 $3,450 $17,739
2017 $7,909 $21,189 $3,450 $17,739
2016 $5,978 $12,658 $3,000 $9,658
2015 $5,794 $12,658 $3,000 $9,658
2014 $5,670 $12,658 $3,000 $9,658
2013 $7,152 $17,781 $3,000 $14,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08673167

Midwest Real Estate Data (MRED)